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20121129
20121207
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as another indication of an improving economy. some bay area dealerships may be out ahead of the trend. >>> u.s. car sales were up in november. >> confident. >> reporter: he says it's one of several indicaters the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. it looks like the housing market nationally may have bottomed out. it's a recovery, albeit perhaps a fractioned recovery. >> reporter: chrysler led detroit based automakers, up 14%. >>> the silicon valley auto dealers association represents about 60 santa clara county dealerships. the group won't have november numbers for another couple of weeks, but says so far this year, it's beating the national trend. >> certainly, we're seeing increased sales. again, some 25% year to date this year. >> reporter: this family owned buick dealership sold six cars over the weekend, including an acadia suv. they call that a good weekend, especially considering the rain. >> the whole question of what's going to happen in washington with these negotiations about taxes and entitlements is a big question mark. if
gained 36, nasdaq gained 20. the economy is growing at a healthier rate than expected and unemployment applications fell. shares of san francisco based zynga took a hit after it and facebook changed their relationship. the company will no longer have to use facebook ads. and facebook will not be the exclusive site for zynga. shares were selling for $2.30 after being up before that news broke. >>> a bankruptcy court gave hostess approval to wind down operations. it's estimated more than 100 panes want to make twinkies, double dogs and ding dongs. >>> a woman found screaming in a interception was high on bath salts. the department is cracking down on the sale of synthetic can c -- canabanoid known as spice. bath salts have been linked to suicide and bizarre behavior. >>> san jose police say six men and one woman accused of fighting with officers at a house party last weekend are being charged with felonies and gang enhancements. officers arrested 42 people last friday night at this house on pat avenue. police say people threw things at them when they showed up to investigate reports of
the economy go over that cliff, rather than drop the higher tax rates for top earners. president obama also told a group of ceos, he won't republicans inject the threat of a government default into the current negotiations. >> that is a bad strategy for america. it is a bad strategy for your businesses, and it is not a game that i will play. >> in spite of the rhetoric, president obama and house speaker john boehner did speak by phone today for the first time in days. neither side is revealing what they discussed. >>> on wall street, stocks ended mixed with a fiscal cliff. the dow industrials gained 82 points amid optimism about a deal in washington perhaps in the next week. the tech heavy nasdaq fell 22 led lower by apple. its shares were 6% lower. apple's largest loss in a year. apple shares lost $37 to close at 538 and change. still apple stock is up more than $100 since the start of the year. >>> meantime, citigroup announced plans to cut 11,000 jobs, or 4% of its workforce. the company says the cuts will save more than $1 billion a year. the bulk of the jobs are in global operations. i
Search Results 0 to 2 of about 3